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WebOfTrust
@weboftrust
Millions of dollars are being spent from various DAO treasuries, projects are chain hoping just to extract maximum $$. Market competition and weak business models could be another reason. Tragedy is that they are showing bot and mercenary activity as MAU while truth is many of them will die out if DAO grants stop
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Cooki
@cooki
In my experience most of these projects don't spend any time to actually ask what their potential customers want - instead they build cathedrals in the sky with VC and grant money, and only realise a year or two later when something is finally bought to market that several of their foundational assumptions were false all along
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